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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 26.34 % in the past year, substantial increase in net sales/revenue by 8.64 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 57.14 %. Marginal decrease of -60.71% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for AksharChem (India) Ltd.. Notable increase of 206.41 % in net profit Year to Year, AksharChem (India) Ltd.’s profitability dropped by -1946.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 206.12 % Year to Year. EPS decreased by -1929.27 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 64.738 Cr | Rs. 75.285 Cr | Rs. 81.787 Cr | + 8.64 % | + 26.34 % |
Expenses | Rs. 63.04 Cr | Rs. 70.34 Cr | Rs. 81.36 Cr | + 15.67 % | + 29.06 % |
Operating Profit | Rs. 1.7 Cr | Rs. 4.94 Cr | Rs. 0.43 Cr | -91.3 % | -74.71 % |
OPM % | 2.63 % | 6.56 % | 0.53 % | -6.03 % | -2.1 % |
Other Income | Rs. 0.07 Cr | Rs. 0.28 Cr | Rs. 0.11 Cr | -60.71 % | + 57.14 % |
Interest | Rs. 0.68 Cr | Rs. 0.98 Cr | Rs. 1.07 Cr | + 9.18 % | + 57.35 % |
Depreciation | Rs. 3.17 Cr | Rs. 3.47 Cr | Rs. 3.47 Cr | + 0 % | + 9.46 % |
Profit before tax | Rs. -2.08 Cr | Rs. 0.77 Cr | Rs. -4 Cr | -619.48 % | -92.31 % |
Tax % | -5.53 % | 57.66 % | -50.44 % | -108.1 % | -44.91 % |
Net Profit | Rs. -1.97 Cr | Rs. 0.33 Cr | Rs. -6.02 Cr | -1924.24 % | -205.58 % |
EPS in Rs | Rs. -2.45 | Rs. 0.41 | Rs. -7.5 | -1929.27 % | -206.12 % |
Today, we’re looking at AksharChem (India) Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 26.34 %. However, it did see a marginal increase of 8.64 % from the previous quarter. Expenses ticked up slightly by 15.67 % quarter-on-quarter, aligning with the annual rise of 29.06 %. Operating profit, while down -74.71 % compared to last year, faced a quarter-on-quarter dip of -91.3 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.1 %, but a shrinkage of -6.03 % sequentially. Other income fell by -60.71 % compared to the last quarter, despite an annual growth of 57.14 %. Interest expenses surged remarkably by 9.18 % from the previous quarter, yet the year-over-year increase remains at a moderate 57.35 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 9.46 %. Profit before tax declined annually by -92.31 % but saw a reduction from the preceding quarter by -619.48 %.
Tax expenses as a percentage of profits decreased slightly by -44.91 % compared to last year, with a more notable quarter-on-quarter decrease of -108.1 %. Net profit fell by -205.58 % year-on-year but witnessed a -1924.24 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -206.12 % but a quarterly fall of -1929.27 %. In summary, AksharChem (India) Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 64.738 Cr | Rs. 75.285 Cr | Rs. 81.787 Cr | + 8.64 % | + 26.34 % |
Expenses | Rs. 63.04 Cr | Rs. 70.34 Cr | Rs. 81.36 Cr | + 15.67 % | + 29.06 % |
Operating Profit | Rs. 1.7 Cr | Rs. 4.94 Cr | Rs. 0.43 Cr | -91.3 % | -74.71 % |
Net Profit | Rs. -1.97 Cr | Rs. 0.33 Cr | Rs. -6.02 Cr | -1924.24 % | -205.58 % |
EPS in Rs | Rs. -2.45 | Rs. 0.41 | Rs. -7.5 | -1929.27 % | -206.12 % |
In reviewing AksharChem (India) Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.34 % year-on-year growth, however, there was a minor increase of 8.64 % from the previous quarter. Expenses rose by 29.06 % compared to the previous year, with a 15.67 % increase quarter-on-quarter. Operating Profit dropped by -74.71 % annually, and saw a -91.3 % decrease from the last quarter.
Net Profit showed yearly decrease of -205.58 %, and experienced a -1924.24 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -206.12 % annually, however dipped by -1929.27 % compared to the last quarter. In essence, while AksharChem (India) Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.